Nordic Funder Reviews 56

I paid 200 USD to start an account with Nordic Funder. The operator said he will put me through to another person to help me start my investment, he said he will call me back, but no one did.

Tyvärr används den här plattformen av bedragare och det finns inget du kan göra åt det. Var försiktig annars förlorar du snabbt dina pengar!

Wasn't going to give a review - but I think I should. Saw an article on Linkedin by their CEO that sets out his attitude to his customers - its basically that he's there to make as much money as he can, and he's not there to help aspiring traders (the article warns other "prop firms" not to make their challenges "too easy".

I got burned with the Tradiac thing.

Be warned - these guys like to hide behind their "contract" that says that they can amend any terms of that "contract" "at their sole and absolute discretion".

Stay away. This is one prop firm that most definitely does not have your interests at heart.

Cannot wait for regulation to put people like this out of business.

Thank you to the review made by Allan Smith - I will avoid this ponzi scheme with the dodgy contract. TO ANY TRADERS THINKING OF WORKING WITH PROP FIRMS- Check the contracts first.

They made promises to ex-Tradiac customers that they took on, which they are about to break with the closure of assessment accounts carried over from Tradiac. I emailed them to voice my concern - all I got was a nonsensical email that was not a response. I then called them out on their Discord channel and they removed me from the channel. Disgraceful behaviour. No matter what anyone else says in these reviews (and I’ve acted in good faith right through this process) believe me when I (who have had experience with a number of these so-called “prop firms”) tell you that they’re just like another Ponzi scheme. Hopefully regulation (which is imminent) will put an end to behaviour like this.

Update: received an email from a certain gentleman at Nordic (the same one who essentially ignored my initial email to them on this issue in November by replying with irrelevant gobbledegook) l. The email essentially states that I was banned from their Discord for “breaching community rules”. All I did was call them out for their behaviour. The email also states that Nordic (and Tradiac) is fully entitled to do what they like in terms of their terms and conditions, one of which states that they can amend any of these terms and conditions “at their sole discretion”. If you know anything about law, you’ll know that a clause like this is void and/or unenforceable in most civilised jurisdictions (and for good reason - it makes a mockery of any contract, and countenances bad faith in contractual arrangements, particularly in the context of B2C relationships and where the contract is a pro forma one). This apparently doesn’t stop them from relying on it though. The arrogance was particularly odious: the email also told me that I need to “govern myself”. Apparently it’s “disrespectful” and “slanderous” as a paying customer (to whom promises have been made) to call them out for blatant dishonesty and/or unethical conduct, and when you do you need to learn to “govern yourself”.

Be warned - you’ll get payouts, etc, and they’ll be nice to you to get more assessment fees out of you if/when you fail their challenges. But do one thing that doesn’t work for them (or that puts them out even slightly - even if it is simply requiring them to adhere to their obligations - implied or otherwise - in terms of your agreement with them), they’ll simply say “we can amend the any term of this agreement at our sole discretion” to avoid those obligations.

They also say that I’m the only client that is unhappy with them on this issue. I know at least one other client who is just as angry about how they’ve behaved (they just could not be bothered with arguing with people who have this approach to contractual arrangements), so that’s also simply not true.

I’m expecting a response from them on this review (which they’re entitled to). I will respond accordingly. I have nothing to hide in this matter, and to the extent that any allegations are made as to how “disrespectful” I have been, I invite them to include any correspondence I have had with them (word for word) so that readers of this review (and of their response) can make up their own minds.

One would think that having paid enormous fees for a demo account, one is entitled to a modicum of respect. Apparently this is not the case in the world of Nordic. Imagine visiting a restaurant, being served cold food, complaining and then being told by the restaurateur that they are entitled to serve cold food at their “absolute and sole discretion”, and that calling them out on it is “disrespectful” and “slander”. The sense of entitlement is astounding.

If you’ve made money with them - great. Just don’t make too much - given their behaviour in this matter, I would not be the least bit surprised if they were to refuse to pay you by invoking their clause that they are entitled to refuse payment “at their absolute and sole discretion”.

Great firm , staff are friendly and always respond to any questions I have quickly. Said I'd try them out after having multiple payouts rejected from other firms and I'm glad I did as they processed my payouts very quickly . As of now I have received 2 withdrawals from this firm with no issues , I don't have a single complaint 5/5 for me .

Positive experience with Nordic the customer service is responsive, friendly and helps to solve issues and problems if and when they come up the payout system I found smooth and secure which is unique in the prop firm industry
Well done, Nordic !

I recommend Nordic Funder, their platform and pricing are extremely good with Scandinavian Capital Markets, one of the best executions that I have seen. In addition, the support received is very good with quick responses. If you are looking for a genuine prop firm backed by a leading broker, then look no further.

I signed up because they have great rules particularly for my EA. Additionally zero commissions which is perfect for me.

If you're using an EA this is probably the best out of the 4/5 firms I've used.

Merci vilmal Nordic!

Great service, fast payouts, my experience has been top notch.

very poor and dishonest firm, accused of copy trading there after accused of using HFT, one excuse after another to deny my funded account, do not use these guys if you ever want to succeed

Eg har brukt Nordic for ei god stund nå og er veldig fornøyd med alt dem har og tilby. Veldig lettvindt og bruke, og personale er alltid der for og hjelpe viss det trengs! At det er skandinavisk er et stort pluss for meg!

Nordic Funder js one of the best prop funds out there. They have excellent customer service.

I have joined Nordic for what I understand to be simpler rules than many and in particular for the exciting scaling opportunities.
I have last week passed the challenge and am trading live now. I was impatient (the information was there, I had just missed it) to get my Live account but received excellent customer service from the team, including following up once everything was through to make sure I had what I needed - not something I'm used to with many other customer services.
So far, extremely happy :)

One thing that makes Nordic Funder different from other prop firms I tried is that when you need help, you talk to a real person right away. The live chat is instant, no waiting for a long time or filling out forms. The rules are strict, but the scaling is amazing! If you can trade well, manage your risk, and take your time, the rewards are really great.

How is that a legit company when their other company Tradiac went off out of nowhere?? I was a trader with Tradiac and then due to some miscalculations coming from their side the account was breached. Then they provided me with the option to trade with Nordic Funder for a free account. The thing is that I passed the account with them but due to very strict rules when it comes to withdrawal I never managed to get one. For example, they want you to get 10% profit in order to reset the high watermark as they call it. So if you reach 4% in your live account and then you get the 2% as profit then lets assume you have a 100K account, your high watermark is now 102K which means that if you fall below 100K your account is burnt. Make your own judgment about this company.

Recently joined Nordic funder a couple months ago, so far everything has been great and what i would expect from a top tier prop firm. Customer service is great and has helped with any issues I've had, spreads are good and i haven't had many slippage, some of the best trading conditions around! Would recommend to anyone wanted to build their account balance.

Nordic funder is a fantastic Prop Firm! I bought an account with them and was surprised how easy the rules were to follow. There was no unique hidden rules set out to make things difficult to get a payout and there support team is very responsive. Looking forward to applying for my next payout!

One of the few prop firms where you can still use MT4 (with or without an EA), with great customer service. Trade according to their low risk rules and you are perfectly fine to scale up each level as you go. No rocket science. They also use a reliable broker in Sweden. They get the 5th star if they upgrade their dashboard which is basic compared to other prop firms I use.

Loved the programme, scaling is the best in the industry. Rules are quite tight, but it suits my strategy well and is ideal for scaling. Spreads are decent unlike a few others I’ve tried and the support is great it’s so fast. I’m not stuck waiting in live chat for more than 2 minutes.